Royal Caribbean Reports First Quarter Earnings of $0.99, Increases Full Year Guidance and Announces Share Repurchase Program

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Royal Caribbean Cruises (RCL) PT Raised to $125 at Stifel Following 1Q

May 1, 2017 7:00 AM EDT

Stifel raised its price target on Royal Caribbean Cruises (NYSE: RCL) to $125.00 (from $115.00) while maintaining a Buy rating. RCL reported 1Q adjusted EPS of $0.99 ahead of $0.92 consensus. The EPS beat was driven by better than anticipated close in demand/pricing.

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